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‘We’re not standing still:’ Bakkt announces acquisition of assets from commodities broker

by Frank Chaparro

January 14, 2019, 11:52AM EDT  ·  1 min read

by Frank Chaparro

January 14, 2019, 11:52AM EDT  ·  1 min read

It looks like Bakkt is putting some of the $182 million it raised to work. 

The cryptocurrency platform run by Intercontinental Exchange announced Monday it completed its first acquisition. “I’m pleased to share that we have entered into an agreement to acquire certain assets of Rosenthal Collins Group (RCG), an independent futures commission merchant with nearly 100 years of earning clients’ trust,” CEO Kelly Loeffler said in a Medium post.